Telecom

Nigeria: 9mobile announces $220mln 4G network expansion investment

Nigeria: 9mobile announces $220mln 4G network expansion investment
Monday, 24 February 2020 18:28

Mobile operator 9mobile is stepping to win back the millions of subscribers who left its network when it faced problems operating under the Etisalat brand in 2017. Stéphane Beuvelet, the company’s Managing Director, announced an investment of $220 million to extend its 4G network in Lagos, Abuja, Aba, Nasarawa, and twelve other Nigerian cities.

The network upgrade investment aims at ensuring a high level user experience for its customers, including low latency broadband connectivity, and reduced redundancy to minimize the impact of downtime. 9mobile targets 100% coverage of the national territory with 4G over the next five years.

The company is currently the fourth largest telecom operator in Nigeria by market share. In a country that had 184.7 million subscribers as of December 31, 2019, 9mobile had 13.6 million consumers. The telecom company, which had 16.96 million in December 2017, lost 3.31 million last year.

On the same topic
UNCDF, Co-op Bank Kenya sign guarantee to boost digital lending Risk-sharing aims expand financing access for startups, platforms Deal supports...
Côte d’Ivoire plans 15 agri-tech hubs to support women in agribusiness The centers will focus on processing, training, and digital tools The project’s...
Kenya becomes the first African country to establish a formal digital dialogue framework with the European Union. The partnership targets...
Angola’s parliament unanimously approved a startup law to address legal gaps and support innovation. Authorities set a $3.5 million annual...
Most Read
01

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
02

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
03

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
04

Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...

Namibia and Russia Expand Economic Cooperation Across Key Sectors
05

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.